NOT LISTED FOR SALE

16 Lee Ln Summit, NJ 07901

Berkeley Heights Area

Estimated Value: $1,865,000 - $2,166,000

4 Beds
5 Baths
3,926 Sq Ft
$499/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2024

Last sale price $1,500,000 $382 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $12,678 / mo

15 Days on Market

About This Home

As of August 2024

This home is located at 16 Lee Ln, Summit, NJ 07901 since 26 June 2024 and is currently estimated at $1,958,726, approximately $498 per square foot. 16 Lee Ln is a home located in Union County with nearby schools including Columbia Middle School, Governor Livingston High School, and The Academy of Our Lady of Peace.

Last Agent to Sell the Property

Natalie Schickel

KELLER WILLIAMS REALTY Brokerage Phone: 908-654-7777 Listed on: 06/26/2024

KELLER WILLIAMS REALTY

Last Buyer's Agent

Scott Shuman

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Lot Details

  • 19,602 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0.45 Acres

Listing Details

  • County Name: Union
  • I D: 5295353
  • Attribution Contact: 908-654-7777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .448 AC
  • Total Acres: 0.45

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Aug 5, 2024
Sold by
Schickel Joseph P and Schickel Natalie V
Bought by
Seller's Agent
Natalie Schickel
KELLER WILLIAMS REALTY
Buyer's Agent
Scott Shuman
KELLER WILLIAMS REALTY
List Price
$1,300,000
Sold Price
$1,500,000
Premium/Discount to List
$200,000
15.38%
Views
88
Current Estimated Value
$1,958,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,726
Avg. Annual Appreciation
13.69%
Original Mortgage
$600,000
Outstanding Balance
$550,790
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,407,936

Purchase Details

Closed on
Sep 30, 2008
Sold by
Offerman Mark and Jeffrey Hartlaub R
Bought by
Schickel Joseph and Schickel Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 1994
Sold by
Hartlaub R Jeffrey
Bought by
Offerman Mark and Berenger Donald
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Michele Klug Real Estate Agent - KELLER WILLIAMS TOWNE SQUARE

    Michele Klug

    KELLER WILLIAMS TOWNE SQUARE

    (908) 883-3374

    654 Total Sales

    3 in Berkeley Heights

    $955K - $1.4M Price Range

    Michele Klug
     Section Image
  • Mark Slade Real Estate Agent - KELLER WILLIAMS MID-TOWN DIRECT REALTY

    Mark Slade

    KELLER WILLIAMS MID-TOWN DIRECT REALTY

    (844) 802-1554

    151 Total Sales

    1 in Berkeley Heights

    $1,301,000 Price

    Mark Slade
     Section Image
  • Jack Yao Real Estate Agent - Realmart Realty, LLC

    Jack Yao

    Realmart Realty, LLC

    (732) 838-6992

    1,397 Total Sales

    1 in Berkeley Heights

    $880,000 Price

    Jack Yao
     Section Image
  • Peter Moriello Real Estate Agent - Real

    Peter Moriello

    Real

    (908) 460-8554

    112 Total Sales

    2 in Berkeley Heights

    $485K - $680K Price Range

    Peter Moriello
     Section Image
  • Garima Verma Real Estate Agent - LivX

    Garima Verma

    LivX

    (862) 343-8656

    46 Total Sales

    2 in Berkeley Heights

    $732,500 Price Range

    Garima Verma
     Section Image
  • Rosita Wheeler Real Estate Agent - Prominent Properties Sotheby's International Realty-Weehawken

    Rosita Wheeler

    Responds Quickly

    Prominent Properties Sotheby's International Realty-Weehawken

    (973) 382-9480

    54 Total Sales

    1 in Berkeley Heights

    $500,000 Price

    Rosita Wheeler
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,500,000 Surety Title
Schickel Joseph $1,100,000 None Available
Offerman Mark -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Previous Owner Schickel Joseph $825,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $1,500,000 +15.4% $382 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $1,300,000 -- $331 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $22,445 $510,000 $283,600 $226,400
2025 $22,445 $510,000 $283,600 $226,400
2024 $21,548 $510,000 $283,600 $226,400
2023 $21,548 $510,000 $283,600 $226,400
2022 $21,415 $510,000 $283,600 $226,400
2021 $21,298 $510,000 $283,600 $226,400
2020 $21,410 $510,000 $283,600 $226,400
2019 $24,498 $586,500 $283,600 $302,900
2018 $23,988 $586,500 $283,600 $302,900
2017 $23,420 $579,700 $283,600 $296,100
2016 $23,008 $579,700 $283,600 $296,100
2015 $22,881 $579,700 $283,600 $296,100
2014 $22,284 $579,700 $283,600 $296,100
Source: Public Records

Agents Affiliated with this Home

  • Natalie Schickel Real Estate Agent - KELLER WILLIAMS REALTY

    Seller's Agent in 2024

    Natalie Schickel

    KELLER WILLIAMS REALTY

    (908) 868-6876

    41 Total Sales

    Natalie Schickel
    Section Image

  • SS

    Buyer's Agent in 2024

    Scott Shuman

    KELLER WILLIAMS REALTY

    (862) 812-3237

    677 Total Sales

    Scott Shuman
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3910001

Garden State MLS

APN: 01-03905-0000-00002

New Jersey Union County Summit 07901

16 Lee Ln, Summit, NJ

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